Russian property firm Sistema-Hals has reported that its first-half revenues came in at $130 mln (EUR 92 mln), a rise of 21.7% on the same period in 2006. The company also reported a consolidated net loss of almost $100 mln, as operating expenses increased to $222 mln from $ 64.6 mln in the year-earlier period.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
